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About TTK Prestige

TTK Prestige Ltd., a TTK Group company was incorporated in Oct 1955 at Madras, as TT Pvt Ltd. It became a deemed public company in Jun.'88. Its name was changed to the present one in Jun.'94. It established facilities at Bangalore to manufacture a wide range of domestic and industrial appliances and commenced the manufacture of pressure cookers in 1959 with technical support from Prestige Group, UK. In 1992, the company expanded its operations by setting up it's second plant at Hosur, Tamilnadu, With state-of-the-art facilities, the company successfully launched its product under the Manttra brand name in the US market, thus becoming one of the first organised Indian corporate entities to sell pressure cookers in the US under Indian-owned brand names. TTK Prestige raised Rs 33.5 cr in Sep.'94 through a public issue at a premium of Rs 80, to modernise its manufacturing facilities at Bangalore and Hosur; to part-finance the capital expenditure requirement for completion of the non-stick cookware project; to establish a full-fledged corporate outfit -- TTK Manttra, in the US to support the marketing of Manttra brand pressure cookers and to meet the long-term working capital requirements of the company. The company entered into a tie-up with the world-renowned Braun, Germany, for marketing its products in India. In 1999-2000, the company has successfully launched Omega range of non-stick cookware and model pressure cooker Nugen. The company is having subsidiary Mantra Inc. In 2000-01 the company initiated necessary steps to launch Domestic Electrical Appliances. Accordingly the company acquired 26% strategic equity stake in Softel Machines Ltd, which will be a dedicated design, development and manufacturing arm of the company and facilitate its foray into the Electrical Appliances business. On June 2001, it launched four products in this range.

Parent Organisation
TTK
Managing Director
T T Jagannathan
Founded
1955
NSE Symbol
TTKPRESTIG

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Ttk Prestige Ltd FAQs

Ttk Prestige Ltd (TTKPRESTIG) share price as of July 12, 2024, on NSE is Rs 878.4 (NSE) and Rs 878.4 (BSE) on BSE.
Yes, You can buy Ttk Prestige Ltd (TTKPRESTIG) shares by opening a Demat account with Angel One.
Ttk Prestige Ltd (TTKPRESTIG) share can be bought through the following modes:
1. Direct investment: You can buy Ttk Prestige Ltd (TTKPRESTIG) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Ttk Prestige Ltd (TTKPRESTIG) shares.
The main business of TTK Prestige is the distribution of kitchen equipment, especially pressure cookers.
TT Krishnamachari & Co. represented by partners, T T Jagannathan and Thiruvallur Thattai Mukund are some of the major promoters of TTK Prestige.
Ultrafresh Modular Solutions Ltd, TTK British Holdings Ltd and Horwood Homewares Ltd are the subsidiaries of TTK Prestige.
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